Quary Company is considering an investment in machinery with the following information. The company's required rate of return is 14%. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Initial investment $ 201,000 Useful life 8 years Materials, labor, and overhead (except depreciation) Depreciation-Machinery Salvage value Expected sales per year $ 20,100 11,000 units Selling, general, and administrative expenses Selling price per unit a. Compute the investment's net present value. b. Using the answer from part a, is the investment's internal rate of return higher or lower than 14%? Complete this question by entering your answers in the tabs below. $ 59,000 20,100 19,000 $ 12 Required A Required B Compute the investment's net present value. (Negative net present values should be indicated with a minus sign. Round your present value factor to 4 decimals. Round your answers to the nearest whole dollar.) Net Cash Flows X Present Value Years 1-8 Year 8 salvage Totals Present Value of Net Cash Flows $ 0